Businesses seeking a future-focused workspace in the heart of Dunedin’s central business district have a unique opportunity to lease space within the newly completed Mataukareao Building – a landmark, premium-grade office development located one block from the city’s forthcoming hospital precinct.

Bayleys leasing specialist Muir Gold is marketing the available office tenancies for lease by negotiation, alongside colleagues Jesse Paenga and Rachel Jones.

Gold says that the six-level Mataukareao Building sets a new standard in sustainable design, workplace functionality, and locational excellence for the South Island’s second most populous city, and is expected to attract attention, particularly from occupiers in the medical and professional service sectors.

Available space includes:

• Level 3: 1,363sqm (more or less)
• Level 4B: 649sqm (more or less)
• Flexible fit-out options with tenancy sizes available by negotiation

“The development responds to growing demand for high-specification, sustainable commercial accommodation in the South Island. Dunedin is experiencing a wave of renewal, anchored by the $1.6bn redevelopment of Dunedin Hospital, in addition to significant University investment.

“Mataukareao is ideally positioned to benefit from this transformation, being just minutes’ walk from the new facility, and integrated with the central city’s transport hub.

“The premises provide everything forward-thinking businesses require: a modern, green-rated workspace, secure on-site car parking with electric vehicle charging, and flexibility to tailor the tenancy layout to operational requirements.”

Achieving 100 percent of the New Building Standard (NBS), the development also holds a ‘5 Green Star’ rating – an independent certification administered by the New Zealand Green Building Council (NZGBC) that recognises excellence in sustainability, energy efficiency, and environmental performance. It is one of the few buildings in the entire region to earn this distinction.

Bayleys capital markets and corporate leasing director Jesse Paenga says the globally recognised benchmark assesses everything from materials and energy use to indoor air quality and innovation.

“Mataukareao is also targeting a NABERSNZ 5-star energy performance rating, making it a compelling option for government, institutional, and health-aligned occupiers focused on meeting rigorous environmental, social and governance (ESG) targets.”

Bayleys leasing broker Rachel Jones says that the anchor tenant, Pacific Radiology Group, will operate advanced diagnostic facilities onsite, including the region’s first digital PET/CT scanner.

“A major Crown agency has also confirmed its occupation, further underscoring the calibre of the building, and reinforcing the site’s role in supporting health and wellbeing outcomes for public sector and institutional service providers.

“With public car parking and the Dunedin Bus Hub incorporated directly into the building’s design, accessibility for staff and clients is seamless – a crucial consideration for patient-focused medical operators and service-based businesses.

“Internally, regular-shaped floor plates and open-plan layouts provide maximum design flexibility, while expansive windows flood the space with natural light. National interior architect office Studio DB has been engaged (as an option) to provide fully integrated fit-out solutions for qualifying tenants, with concept plans and visuals available.”

Jones says the building is a flagship development and an excellent opportunity for healthcare providers and professional services to establish a future-proofed presence in a premium location.

The premises were developed in collaboration with mana whenua Ōtākou Runaka, and stand as a legacy investment for iwi, supported by the Dunedin City Council as a cornerstone of the city’s regeneration.

“With Dunedin’s commercial office market continuing to tighten, and healthcare demand on the rise, we expect strong interest from tenants looking to align with this visionary project.”